Parts of the 11/21/2011 “Letter to Shareholders” -below- seems to indicate, either a partnership or perhaps a buyout might occur. I hope they can put some proven and probable reserves up within the next year. Also hope that PEA is issued soon.
“Our vanadium metallurgical testing has been well advanced and our vanadium process expert, George Annandale, believes we will have a very viable and cost effective offering early in 2012.”
'In 2012, the company will present, to both strategic partners and the financial markets, a dual offering of strategic metals from a single source for energy and storage, as well as steel and other innovations worthy of development.”